The IT Monitor brings you the most up-to-date and comprehensive salary information from across the IT industry, complete with the vacancy trends and analysis from Q1 to Q3.
The story of the first three quarters in 2014 has been one of growth, with vacancy levels over 12% higher than the previous year. In permanent staffing, salaries have remained strong, and out performed the overall UK salaries in the year. This has been especially true in the Software Engineering where salary growth has been as much as 7%. Contract has seen even greater growth year on year, with vacancies up by almost 17% and overall rates up by over 3%.
Essentially this has meant a continuing shortage of candidates, especially in development orientated roles. With employers not pushing up salaries to tempt potential hires into new roles, highly skilled candidates have less motivation to move, which has, and continues to, exasperate the shortages. As an employer looking to hire in this sector, it is essential to not just look at higher salaries, but also the benefits packages that can offered, and with many candidates looking for better work life balances, they should strongly consider offering packages that include working from home. These offerings, combined with a quick and efficient hiring process should assure that employers secure the talent they need.
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